189 ANNUAL REPORT 2024 MST GOLF GROUP BERHAD 27. EMPLOYEE BENEFITS EXPENSE Group Company 2024 2023 2024 2023 RM ‘000 RM ‘000 RM ‘000 RM ‘000 Salaries, bonuses and allowances 52,926 43,358 7,253 7,252 Directors’ fee 321 222 321 222 Defined contribution plan 5,017 5,147 786 877 Social security contributions 468 665 56 47 Other benefits 4,149 5,145 - - 62,881 54,537 8,416 8,398 Included in the employee benefit expense is the Directors’ remuneration as below:- Group Company 2024 2023 2024 2023 RM ‘000 RM ‘000 RM ‘000 RM ‘000 Executive Director of the Company Salaries, bonuses and allowances 2,520 2,800 2,520 2,800 Defined contribution plan 213 336 213 336 Social security contributions 2 2 2 2 Benefit-in-kind 126 141 120 141 2,861 3,279 2,855 3,279 Non-Executive Director of the Company Directors’ fees 321 222 321 222 Director of subsidiaries Salaries, bonuses and allowances 728 932 - - Defined contribution plan 24 21 - - 752 953 - - 3,934 4,454 3,176 3,501 28. EARNINGS PER SHARE (a) Basic Basic earnings per share is calculated by dividing profit for the financial year attributable to ordinary equity holders of the Company by the weighted average number of ordinary shares in issue during the financial year.
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